FinOps

blueCloud

Optimize and Save your IT costs!

The cloud allows you to trade fixed expenses (such as data centers and physical servers) for variable expenses, and only pay for IT as you consume it. And, because of the economies of scale, the variable expenses are much lower than what you would pay to do it yourself. Whether you were born in the cloud, or you are just starting your migration journey to the cloud, AWS and Magic Beans has a set of solutions to help you manage and optimize your spend.

Cloud Financial Management Pillars

Measurement and Accountability (See)

  • Implement account and tagging strategy
  • Report and monitor cost and usage
  • Allocate costs
  • Measure efficiency/value KPIs

Cost Optimization (Save)

  • Architect and design
  • Eliminate cloud waste
  • Choose the best purchase option
  • Evolve with new cloud offerings

Planning and Forecasting (Plan)

  • Dynamic budgeting and forecasting
  • Estimate workload costs
  • Quantify cloud business value
  • Integrate cloud with IT financial management

Cloud Financial Operations (Run)

  • Executive sponsorship for a CFM function
  • Align stakeholder understanding of cost
  • Implement cloud guardrails
  • Evolve process, automation, and tools

Why Cost Optimization on AWS?

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To learn more about how Magic Beans can help your business with FinOps, contact us at team@magicbeans.pt

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